Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.
The headline increase in consumer prices in December was not all that good: A 0.4% increase spearheaded by household staples such as food and gas. The cost of food rose 0.3% last month due to ...
Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024.
CPI report release date and time: Wednesday, Jan. 15, at 8:30 a.m. EST The CPI is forecast to rise 0.3% in December after rising by the same amount in November. Core CPI is forecast to rise 0.2% ...
The latest CPI report likely changes their calculus ... CPI prints between now and the FOMC meeting in June, the date that is circled on everyone's calendar for the first ease in rates.
According to the recently released July consumer price index (CPI) report, consumer prices rose ... you really do have to lean into it?” On the date of publication, Shrey Dua did not hold ...
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December ... We provide a platform for our authors to report on investments fairly, accurately, and from the ...
The closely scrutinized monthly consumer-price index is out. Here are the key points: Inflation picked up in December, as gas prices rose sharply, though price gains for other goods were more muted.
Despite the cool inflation report, the Fed is likely to pause rate cuts in January and March, balancing inflation and employment mandates amid rising uncertainty. US CPI increased 0.4% MoM and 2.9 ...
STORY: Wednesday's consumer price index or CPI report could move markets more than usual, given how close investors are to ruling out any rate cuts this year. "I think that the CPI numbers is the ...